Robinhood vs SogoTrade compared
- Customer service score2.3/5
- Trading platform combined score4.9/5
- Fees score4.7/5
- Customer service score5.0/5
- Trading platform combined score2.6/5
- Fees score3.9/5
- BeginnersYES
- EquityNO
- ForexNO
- CFDNO
- BeginnersYES
- EquityNO
- ForexNO
- CFDNO
Basic data of broker
Recommended for Beginners and buy-and-hold investors focusing on the US stock market
Recommended for Stock and options traders with a US focus who value great customer service
USA
USA
Fees
Low trading and non-trading fees, free US stock and ETF trading
Low trading fees, average non-trading fees, low stock and ETF fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
1
Deposit type
Withdrawal type
Account opening
$0
$0
1 day
1 day
Proof of identity: SSN and ID / passport / driver's license
Proof of identity: passport Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Research, education
Poor
Poor
Customer service
Security
$500k (securities up to $500k, cash up to $250k)
$500k (securities up to $500k, cash up to $250k)
$500k (securities up to $500k, cash up to $250k)
$500k (securities up to $500k, cash up to $250k)
2013
1986
USA
USA
RobinhoodFor detailed information and hands-on experience, read our review of this broker.
SogoTradeFor detailed information and hands-on experience, read our review of this broker.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Robinhood's service is on par with SogoTrade's and a comparison of their fees shows that Robinhood's fees are slightly lower than SogoTrade's.
Account opening takes about the same effort at Robinhood compared to SogoTrade, deposit and withdrawal processes are about the same quality at Robinhood, while customer service quality is considerably lower than SogoTrade's.
Our experts rated the trading platform of Robinhood as better than the platform of SogoTrade, found that clients have access to slightly more markets and products with Robinhood, while SogoTrade provides just about the same quality of research and education.